Amararaja Battery holding strong, upside can start with first resistance around 690-700, next @ 760
Amar raja Batteries : Positional Call Keeping EV segment in mind, Right time to enter the stock after double bottom, stock will slowly start moving towards its recent highs. Keep watching
AMARARAJABAT LONG Move after retracement. Target 1 - 669 Target 2 - 697 Target 3 - 738
17.1.22 Amararaja Battery W formation CMP 660 Targets 681/706
Amara Raja has given the breakout from the falling trending line and looking good to buy around 625 - 630 zone for upper marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Breakout Of Inverted Head & Shoulder Pattern Can Buy In CMP For The Target Of 712/735
After loong correction, amar raja batteries has formed an inverted head & shoulder (reversal pattern), with pretty decent volumes. Also RSI is above 60. Personally have gone long.
Amara Raja Batteries Cmp - 639 Stop - 600 Expectation - T1 - 800 T2 - 1000, Review at 1000 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
We see a good upside potential in this stock. One of the top picks for the year 2022.
buy above 653 in intraday and swing for swing can keep stoploss below 625 can take risk above 646 as will in intraday which is small resistance breakout of last few candles For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AMARAJABAT although one of the leading battery company and a big boost for EV industry is downtrending for long time, it is now its 52 weeks low and is expected to bounce back. however the good news and bad news is hammer is formed and last day candle is bearish engulfing, that could means either the price will move at full speed or it will move to the bottom...
I hope you can now see how AMARAJABAT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Amara raja batteries seems to be forming a head and shoulder pattern near to the support zone . one can go long if it breaks with the volume and following high breakout.
i have mentioned everything on chart, you can also ask me in comments if you have any questions Thanks
AMARAJABAT has been falling since Jan 2021 Stock may find support and can make short term base near 600 AMARAJBAT Buy-Above 600 Sl-580 T- 680 710 750+
upside level to watch for 713 & 722 do you agree open to discuss disclaimer - for study purpose only
This is a long term Investment Idea using the Buy Only indicator. Amararaja has given a multifold return over the years. They make batteries - its future seems to be bright! In Feb '2011 Rs . 1,000 invested in this trade would've possibly have become 21,459.65 by the end of this trade in about 4.5 yrs Bank FD would double (with bank rates in 2011) in 5 to 7 yrs....